Vape Holdings Inc. (fka VAPE)

[nopancakemix]

Greed, Ignorance, Locked Shares
There are a wide variety of reasons. It's not just insiders but any debenture payments, ie Hive folks who were paid in shares. A lot of those holders are probably not too market savvy, holding at the highs thinking they will be the next Zuckerbergs. They may peel off a little in the double digits as VAPE drops but when it plummets, they panic and want to make sure they at least get something in case the worst happens.

This is a fire sale. It does not make much sense. Even if it was insiders selling and to go so far as to assume they are selling because of bad business, they would be in so much legal trouble that any dime they got to use would be put towards legal counsel.

I'm at a loss but I have committed to establishing a position in VAPE so I've nibbled a little today. I'm waiting to see if I can get 1pps before I start hammering